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. >>> and many call him the next steve jobs. you are probably already using something this quiet genius already invented. the "wall street journal report" begins right now. >> this is america's number 1:00 one financial news program, "wall street journal report." now maria bartiromo. >>> here's a look at what is making news as we head to a new week on wall street. corporate america had a strong message for president obama this week. ceos of a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act taxes on income, dividends and estates will go up and spending cuts will kick in january 1st. this week, i spoke to allen simpson ander skis bowl subpoeimpson anders skin bowls. >> you can't spend or grow your way out of. this grab hold it will be a rocky road. >> you say closing the loopholes alone brings a trillion. >> if you are willing to wipe out all of them and that may not be feasible but you can broaden the
congressman, joaquin castro. plus republican strategist steve schmidt, presidential historian doris kearns goodwin, nbc's political director and chief white house correspondent chuck todd, and the "washington post's" bob woodward. >> announcer: from nbc news in washington, the world's longest-running television program, this is "meet the press." with david gregory. >> and good sunday morning. the newly re-elected president's message on friday, get back to work. but the focus of that work and on that work is now overshadowed by friday afternoon's resignation of cia director david petraeus, which sent as you know shock waves through washington. new details emerging now this weekend about the fbi investigation that led to the discovery of what officials believe was an extramarital affair between petraeus and his biographer, paula broadwell. and of course so many questions about where this goes from here. joining me now for the latest on this developing story, the "washington post's" bob woodward and our own chief foreign affairs correspondent andrea mitchell who broke the story as i mentioned
military figure, the leader of troops in afghanistan, general john allen. >> 11 news reporter steve handlesman does with the very latest. >> good evening from capitol hill. general allan is not in afghanistan. he is here in washington tonight just in time for his reputation to be called into question. general john allen, the u.s. commander in afghanistan was on track to become nato commander until the disclosure that he was under investigation by the pentagon. jill kelley in general allen allegedly exchanged emails and documents suspected of being inappropriate. allen insisted that there was no affair. >> she complains she was getting harassing emails and lead fbi to the affair. allenn got a vote of confidence today. >> he believes he is doing and has done an excellent job. some are angry that the afghan war, costing some u.s. lives and dollars, was hardly mentioned until this. >> and now we are becoming obsessed with the sex life of the director of the cia and the commander? a bit of this just seems out of balance. >> some question the fbi's involvement. >> those certainly involvin
reporter steve handelsman is live in washington with more of mr. obama's plans moving forward. >> good evening from capitol hill. if the president wanted to talk today about the fiscal cliff and taxes, he should have talked last week before the words from the cia. president obama wanted to show off the power of the second election, with a tax call on the rich, but that message had a distraction, the situation with david petraeus. >> that classified information was disclosed, that it in any way had any impact on our national security -- >> but the president is withholding judgment on the fbi holding secret. he praised the former cia chief. >> we are safer because of the work that david petraeus is has done. >> issue number two was the fiscal cliff and taxes. >> what i am not going to do is extend further a tax cut for folks who do not need it. >> republicans demand no rate hikes. can there be a deal finally to cut deductions? >> i recognize that we're going to have to compromise, and as i said on election night, compromise is hard. >> four americans dead in benghazi. today, a demand of
mansion's rooftop. pretty nice. while steve ford talks about his mother betty complaining about having to cook dinner on the night gerald ford was sworn in. >>> now let's get a check of wall street on this friday morning. the dow closed at 12,554 after losing 28 points yesterday. the s&p was down 2 the nasdaq fell 9. overseas market had a better day. nikkei shot up 194. the hang sen gained 50. >>> today we'll be watching the fais to fais fiscal chris meeting. they project a first half recession next year. debt commission co chair erskine bowles tells cnbc maria barto romo why there hasn't been a recession. >> the guys in public office haven't been focused on i believe what's really right for the country. >> meanwhile, the average rate of a 30 year loan has dropped to 3.34%. that's the lowest since 1971. the average 15-year fixed rate also hit a new low at 2.65%. >>> federal officials are investigating whether fedex and ups aided and abetted illegal drug sales from online farnl sis. both companies deny any wrongdoing. >>> mcdonald's u.s. chief is stepping down due to unusually poor fast
be a better buy either las vegas sands or wynn resorts? >> i think that steve wynn is a winner. i don't say that to be, you know, glib. i think you want to own wynn here. i say that if it got to the mid 100s you got to pull the trigger. i can't back away now. steve in connecticut? >> caller: looking at u.s. domestic play, you did a segment in june, stock rallied and then reported earnings on october 24th, it seemed like the earnings were great. great guidance. but it took a 9.5% beat as of the next day. does the stock still have room to roll? >> i think it does. i was talking with stephanie link, the research director of actionalertsplus.com. there is a class of stocks that are up 50% or more. unless they blow away the numbers and get you to do a raise, they just don't go up. that's part of what's their problem. red bull? that's right. there may finally be a bull in the china shop. the macro says it. the micro says it. things are stabilizing. i think 2013 will be a very good year for china which is why in 2012 you have to buy the fxi. stay with cramer. >>> coming up, trucking? westport inno
president obama and ambassador rice. petraeus did get some special treatment. steve has the latest. >> good evening from capitol hill. republicans are still charging somebody played politics with what the public was told about benghazi. petraeus testified it was not the cia. former cia director david petraeus kept out of sight until he got home. lawmakers cleared the way for him to get to the closed-door hearing without walking through holes -- halls, petraeus testified the cia figured immediately it was al qaeda that attacked the u.s. consulate in benghazi killing the u.s. ambassador and three others. how the cia missed the threat is still under investigation. his testimony helped. >> it added to our ability to make judgments about what is clearly a failure of intelligence. >> it did not stop the fight over ambassador rice. five days after the attack, she denied it was al qaeda using cia talking points to drop the al qaeda reference. >> she did the responsible thing answering questions based on what was unclassified. >> she had a motive to spin the story on meet the press. barack obama run
revoked? our kids are u.s. citizens and they have a right to be raised in the u.s. >> reporter: steve madell is the managing partner of one of the largest family law firms in l.a. he wasn't involved in kelly's case, but has handled his share of controversial custody cases, and says in this one, the judge's hands were tied. >> dad is not allowed to reside in the united states. as a result, somehow or another, the children have to be transported. so somebody is going to have to bear that transportation burden. >> i bet there are people out there who rush to judgment, kelly rutherford must be a bad mother. how could a judge take children away from the mom, what did she do wrong? >> yeah, of course. >> reporter: infuriating? >> no, it's not infuriating, it's not hard. because i'm asking myself the same question. >> reporter: the judge's decision is only temporary. stipulating that daniel must do everything he can to restore his u.s. visa, so that eventually the children can return to new york. but kelly is angry the kids were sent to france at all. especially with the lingering question o
is changing. we tell you why. and jennifer franciotti sits down with steve harvey. hqhqhqhqq ♪ just put a little bit of yourself ♪ ♪ in everything you do [ female announcer ] add your own ingredients to hamburger helper for a fresh take on a quick, delicious meal. it's one box with hundreds of possibilities. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >> the fda uncovered a possible danger related to 5 hour energy shots you see almost everywhere. the agency said the energy drinks have been linked to 13 deaths, 92 life threatening incidents since 2008. those incidents include heart attacks, con vul shuns and at least one miscarriage. the report comes a month after the fda said monster energy drinks were at risk. >>> the risk of autism may be higher in mothers who contracted the flu or had a fever for more than a week during pregnancy. it included 97,000 children born in denmark between 1997 and 2003. chi
to it coming through in just a while. >> all right. >> also a guy who has been called the next steve jobs, not sure if he likes that description. we'll talk to amazon founder and ceo jeff bezos and get his take on a lot of things, including the upcoming holiday season. >> and tim tebow opens up in a pretty rare interview. why did he trademark tebowing. does he have a girlfriend? we'll ask the nosey question, and we'll get some answers coming up. but we want to begin this half hour with a tragic accident nearly one year ago that left lauren scruggs severely injured. we'll talk to lauren and her parents in a moment, but first natalie hasmore on the accident that changed lauren's life. >> reporter: lauren scruggs had a bright future and big plans. at 23 she had just started her own website lolo magazine devoted to beauty and fashion trends. but on a night last december her life was forever changed. visiting friends with her mom sheryl. >> we had gone to church lauren and i and went to some friends for dinner afterwards, like we always do. they live on an airport, so we ate dinner, and they d
Search Results 0 to 9 of about 10